Grammarly Secures USD 1 Billion Financing From General Catalyst To Accelerate AI Growth, Announces CEO Shishir Mehrotra

Grammarly CEO Shishir Mehrotra announced that the company secured USD 1 billion in financing from General Catalyst. Shishir said that since Grammarly integrated Coda, it evolved into an AI productivity platform and began serving millions of users daily. Grammarly CEO said that the USD 1 billion from General Catalyst would help the company accelerate its growth. Business Insider Layoffs: US-Based News Company Embraces AI for Operations, Announces Cutting 21% of Workforce in Every Department, Says Report.

Grammarly Secured USD 1 Billion in Financing to Focus on AI Growth: CEO Shishir Mehrotra

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